by Bruce | August 7, 2022 | Articles, Book Reviews, Just Plain Interesting
This column is becoming something of a tradition, and traditions must be maintained. Sitting on various handy tables and shelves around the office and the den at home are, among many other things, the following books taking front and center pride of place during the...
by Bruce | July 28, 2022 | About the Site, Articles, Cultural Considerations, Finance, NewLaw, Partnership Structures, Practice Group Management, Strategy
Recently The New York Times devoted its Sunday “Opinion” section to the theme, “I was wrong,” and several of its leading columnists each penned an essay “I was wrong about….” This set us thinking. And with hardly any...
by Bruce | July 17, 2022 | About the Site, Adam Smith Himself, Articles
July 17, 1790, Edinburgh. He is buried in Canongate Kirkyard on the Royal Mile.
by Bruce | July 5, 2022 | Articles, Compensation, Cultural Considerations, Finance, Globalization, Leadership, Practice Group Management, Recruiting, Strategy
Yes, I’m looking at you, law firm leaders. You, too, have a supply chain. It’s time to start thinking of it that way. May we take a step back for a moment? From the redoubtable St. Louis Fed comes a study Supply Chain Disruptions and Inflation During...
by Bruce | June 23, 2022 | Articles, Business Models, Finance, Leadership, Practice Group Management, Strategy, Technology strategy
Two plus years after the simultaneous worldwide Office Exodus (“Everybody out of the building!”) at the onset of this pandemic, we are at last beginning to emerge from the by-guess-and-by-golly finger-in-the-air period of figuring out what WFH (thank you,...
by Bruce | June 19, 2022 | Articles, Ineffable
by Bruce | June 15, 2022 | Articles, Branding, Client Relationships, Finance, Leadership, Practice Group Management, Strategic Client Management, Strategy
A few days ago the intrepid and data-tropic Bloomberg Law reporter Roy Strom published Big law rates topping $2,000 leave value ‘in the eye of the beholder.’ Roy is a friend (disclosure!) but his story prompted some reflections hereabouts on “How...
by Bruce | June 7, 2022 | Articles, Compensation, Cultural Considerations, Finance, Leadership, Practice Group Management, Recruiting, Strategy
Editor’s Note: A modestly condensed version of this article was published a few weeks ago in Thomson Reuter’s Forum magazine. It was the leading story for a week after it was published. We appreciate their courtesy in letting us republish a slightly...
by Bruce | June 5, 2022 | Articles
Well, OK, recordkeeping around births and deaths was approached a bit more casually 299 years ago, but June 5 is the consensus best guess. And here at Adam Smith, Esq., we are sticking to it!
by Bruce | June 1, 2022 | Articles, Business Models, Compensation, Finance, Leadership, Practice Group Management, Strategy, Technology strategy
This article was co-written with Janet Stanton, Partner. As you know, we have recently published our thoughts on the likelihood of a recession in the United States: Reasonably high, in a nutshell. We won’t rehearse our reasoning here in detail, but the root cause...
